January Clothing Sales Strong Despite Seasonal Dip

Author: Alexandra Watts

January Clothing Sales Strong Despite Seasonal Dip

Alexandra Watts | 03.10.2021

Hide demand is increasingly getting stronger from many sectors of the market. Steers, heifers, and some cow selections saw prices increases today of $1 to a maximum of $3. Many suppliers have been able to raise asking prices due to the willingness to buy. 

January's Federal Reserve Economic Data (FRED) advance retail clothing sales were reported at $14.7 billion, down 52 percent from the previous month. This year's month-over-month change was slim compared to the prior five-year December to January average drop of 109 percent....

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Strong Automotive Hide Demand for US Hide Market

Strong Automotive Hide Demand for US Hide Market

The US hide market closes the week with strong automotive and furniture leather business. Hide demand for steers and...

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Strong Apparel Sales at Risk to Continue into 2021

Strong Apparel Sales at Risk to Continue into 2021

The US hide market is moving along sluggishly as many overseas tanners are now closed for the holiday. Some...

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Shoe Sales Expected to See Upswing in Mid-Late 2021

Shoe Sales Expected to See Upswing in Mid-Late 2021

Upholstery demand continues to bring hide interest, but bids are lower than the last traded levels at this...

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Steer Prices & November Auto Production Drop

Steer Prices & November Auto Production Drop

Steer prices for jumbo weight material fell $0.50 - $2 today on strong supply of this weight of...

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Strong Buyer Interest for the US Hide Market

Strong Buyer Interest for the US Hide Market

The US hide market concludes the week with strong supplier sales and buyer interest. With shutdowns and slow movement...

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Firm Demand for Heavy Native Steer Hides

Firm Demand for Heavy Native Steer Hides

Heavy Native Steer (HNS), Heavy Native Dairy Steer (HNDS) and Dairy Cow (DC) hide demand has been firm...

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US Retail Shoe Sales Increase

US Retail Shoe Sales Increase

Federal Reserve Economic Data (FRED) reported October 2020 US retail shoe sales data at an increase of $86 million...

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Strong Auto Sales Boost Hide Prices

Strong Auto Sales Boost Hide Prices

Hide prices were limited in movement today, with the exception of Heavy Native Steers (HNS) trading at $43...

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